ZUKUNFT DES WOHLSTANDS – abstracts 1/2019

Rudolf Minsch
PROSPERITY: THE UNDERESTIMATED VALUE OF GLOBALISATION
The increasingly close intertwining of economy, politics and society has been an object of harsh criticism for years. Globalisation has been held responsible for nu- merous problems and quite generally demonised for some of them. Is this cor- rect? A look at some fundamental developments of the last decade shows that globalisation is far better than its current reputation.
Keywords: globalisation, prosperity, networking, technological change, education policy
Page: 4

Martina Kühne
WHICH LUXURY?
Louis Vuitton handbags or hand ground coffee? Burberry scarf or organic straw- berries? What is actually «real» luxury? And for whom is it? Future researcher Mar- tina Kühne takes a look into the future of luxury in Western affluent societies and demonstrates how through the democratisation of luxury its distinguishing fea- tures can change.
Keywords: luxury, distinction, status object, affluent society, consumption, prestige
Page: 7

Florian Stoll
«THE MIDDLE CLASSES» IN AFRICA – ON THE HETEROGENEITY OF NAIROBI’S MIDDLE INCOME GROUP OF VISIONS OF THE FUTURE
For quite a while now when Africa is talked about, buzzwords such as «African tigers» are used in international media to point out significantly improved eco- nomic and social conditions. However, compared with the North American or Eu- ropean prosperity, Africa’s extremely heterogeneous middle class is far from such financial potential – e.g. Nairobi, where the author has identified six main social backgrounds out of which he describes here, two in greater detail.
Keywords: Africa, future, middle classes, milieus, Kenia
Page: 10

Daniel Huber
FROM SHORTAGES – TO AN ECONOMY OF ABUNDANCE
Industrialisation, increasing use of robotics and full automatization are three key- words that identify a new development in human history: the transition from an economy of shortages to an economy of abundance. What was once the rule of too little has become for the greater part of the «first world» far rather the excep- tion. How did it get this far? And what consequences does it bring with it? Keywords: economy of shortages, economy of abundance, increase in productivity, basic in- come, robots and transaction tax
Page: 14

Thomas Lustgarten
TURBULENT YEARS ON THE GLOBAL EMPLOYMENT MARKET
Three macroeconomic trends will shake the global economy in the coming de- cade: demographic change, an enormous wave of automatization and a rapid in- crease in inequality of income and property. Dismissals will erode the middle class and generate not only economic but social instability in the industrial states. In these times of upheaval, the companies that will be successful will be those that think far into the future and react quickly.
Keywords: digitalisation, automatization, disruption, employment market, macroeconomic trends, industry 4.0, demographic change
Page: 17

Yana Milev
WHAT DOES TRANSFORMATION MEAN HERE? ON THE FUTURE
OF PROSPERITY IN EAST GERMANY
In its present development the «reunification» is envisaged as an economic and ideological alignment of the GDR to liberal bourgeois society. The project of eco- nomic liberalisation of the new land appropriation was executed with the eco- nomic, currency and social union as «break up, processing and liquidation» on the one hand and as «investment, restructuring and transfer» on the other. A societal transformation did not take place, but instead enforcement and losses, on the one hand, and markets and profit on the other. What does this mean for the future of East Germany?
Keywords: GDR, neoliberalism, capitalism, transformation, reunification, future
Page: 20

Delphine Magara
TAB-SPACES AND GENDER-GAPS: THE GAPS IN FUTURE PROSPERITY
What answers does digitalisation give to the problems of the existing unequal op- portunities or regarding the gender gap? Do technological innovations and new work models bring with them more opportunities, or do they lead to an increas- ing polarity in prosperity? According to the perspective the prognoses are com- pletely different.
Keywords: digitalisation, gender gap, distribution of income, level of prosperity, access to the employment market
Page: 24

Natanael Rother
THE FUTURE OF PROSPERITY: AGAINST PESSIMISM AND FEAR OF THE FUTURE
Life becomes harder, inequality increases, and new technologies threaten em- ployment? Those who think this way are labouring under a common misconcep- tion in this author’s opinion. The discourse is dominated by a strange pessimism which is not founded on facts. Reason enough to object to this pessimism. Keywords: globalisation, poverty, inequality, market economy, increasing prosperity, life expectancy
Page: 27

Daniel Stanislaus Martel
WILL THE THIRD PILLAR OF OUR PENSION SUPPORT US IN THE FUTURE?
For years there has been an ongoing discussion about the future of our old-age pensions in Switzerland. The terms brought up are old-age insurance, survivor’s insurance (AHV), pensions fund and the third pillar. The AHV is social welfare pen- sion scheme financed by the employer and employee as «reward for life». The third pillar is based finally on the responsibility of the individual. Many regard the AHV and the pensions to be endangered as a result of the conversion rates and demographic developments. Voluntary saving is considered to be a privilege of the rich. In the meantime the entire system has come into question. How do we stabilize this for the future?
Keywords: AHV, BVG, pension funds, pensions scheme, demographic developments, three pillar principle
Page: 29

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